I. Key Points
10/29: Mediators continued to push forward US-Iran peace talks, causing international crude oil prices to fall; however, unresolved conflict risks limited the decline. NYMEX WTI December futures closed at $102/bbl, down $0.78/bbl (-0.76% WoW); ICE Brent December futures closed at $114.88/bbl, down $0.44/bbl (-0.38% WoW). INE China Crude Oil December 2026 futures rose by CNY 13.5 to CNY 735.9/bbl during the day session but fell by CNY 14.4 to CNY 721.5/bbl in the night session.
10/30: Liquid chlorine prices in Shandong (Xinfahua Group, Liaocheng) were cut. The tank truck ex-factory quote stood at CNY 350/ton, with room for negotiation on actual transactions.
Core Logic: Supply-demand fundamentals and cost factors
| Product | Region | 2026/10/28 | 2026/10/29 | Change |
|---|---|---|---|---|
| Liquid Chlorine | Shandong | 650 | 650 | 0 |
| Methanol | Shandong | 3655 | 3655 | 0 |
| Dichloromethane | Shandong | 3125 | 3200 | 75 |
| Dichloromethane | East China | 3200 | 3300 | 100 |
| Dichloromethane | South China | 3450 | 3450 | 0 |
| Notes: 1. Liquid chlorine price is based on tank truck quotes; methanol price is based on factory cash settlement. 2. All prices are in RMB per ton. 3. South China dichloromethane price refers to Guangxi bulk water price. 4. Prices represent point-in-time values from the two previous working weeks before this week, not weekly averages. 5. "Change" indicates absolute increase or decrease. |
Data Source: Chempricehub Information
Yesterday, the domestic dichloromethane market maintained steady operation. Inventory pressure among some regional producers eased, coupled with upcoming maintenance plans at certain enterprises, leading to predominantly upward pricing trends. However, as prices surged, order-taking enthusiasm from downstream users and traders declined, slowing market transactions. With bullish and bearish factors interacting, the adjustment space for the domestic dichloromethane market is expected to be limited. Attention should be paid to subsequent demand-side follow-through.
Chloromethanes Industry Supply-Demand Data Form (Unit: 10k tons, RMB/ton)
| Data Type | This Week | Last Week | Change Rate | Next Week Expectation |
|---|---|---|---|---|
| Weekly Production of Chloromethanes | 6.47 | 6.36 | 1.73% | ↗ |
| Weekly Operating Rate of Chloromethanes | 68.98 | 68.32 | +0.66 percentage points | ↗ |
| Weekly Raw Material Cost of Chloromethanes | 2698 | 2514 | 7.32% | ↘ |
| Weekly Profit Margin of Chloromethanes | 72 | 296 | -75.68% | ↗ |
Comments
0